Steve Pacak spent nearly four decades at Naspers, joining pay-TV subsidiary M-Net in 1988.
Browsing: Naspers
Prosus has sold a 4.5% stake in Delivery Hero to Uber, advancing on commitments to the European Commission.
JSE-listed technology and telecommunications companies generate a combined R2.2-billion in revenue daily.
Prosus plans to sell more than $2-billion in non-strategic and underperforming assets this financial year.
The three-year global partnership agreement will scale the use of AI across Prosus portfolio companies.
Naspers and Prosus chairman Koos Bekker has sold shares in both companies worth about R2.5-billion over three trading days.
Coursera will acquire rival Udemy in an all-stock deal, valuing the combined company at $2.5-billion.
Takealot’s surging growth underlines South Africa’s fast-rising e-commerce sector as it approaches 10% of total retail sales.
Prosus has reported a 99% surge in adjusted core profit, driven by strong performances in digital services and e-commerce.
Canal+ has secured 94.4% of MultiChoice Group’s issued shares following the close of its mandatory offer to shareholders.